Mauston approves interim financing

The Mauston City Council Tuesday night approved a form of short-term borrowing. The Council passed a Resolution for the Sale of an approximately $3,265,000 Anticipation Note as recommended by the City’s financial advisor, Ehlers and Associates. The interim financing will be used for the pedestrian walkway, the Riverside Park Improvement Project, and the Beach Street improvements. The funds will be repaid using TIF revenue.

This entry was posted by WRJC News on November 27, 2012 at 7:57 pm, and is filled under Local News. Follow any responses to this post through RSS 2.0. Responses are currently closed, but you can trackback from your own site.